Pinnpai Review: Management assets firm ruse Ponzi
Pinnpai fails to provide ownership or executive information on its website.
Pinnpai’s website domain (“pinnpai.com”), was privately registered on August 26th, 2023.
It’s worth noting that Pinnpai’s website is riddled with grammatical errors. You can see an example of this in Pinnpai’s logo above.
This suggests that Pinnpai is being run by non-native English speakers.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]
Netmi Review: Staking ruse MLM crypto Ponzi
Netmi fails to provide ownership or executive information on its website.
Netmi’s website domain (“netmi.org”), was privately registered on February 21st, 2023.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]
Pruvit sues three distributors who left the company
Following Michael Rutherford’s disclosure that commissions have “dramatically decreased“, Pruvit is now suing distributors who’ve left the company. [Continue reading…]
Passivo securities fraud warning from Germany
Passivo is under regulatory investigation by BaFin, Germany’s top financial regulator. [Continue reading…]
iX Global’s securities fraud climbs to $110 million
iX Global’s and Debt Box’s combined securities fraud has climbed to over $110 million.
This is up from the original $49 million the SEC sued the companies for last month. [Continue reading…]
TFVPM Review: Quantitative trading ruse “click a button” Ponzi
TFVPM fails to provide ownership or executive information on its website.
TFVPM’s website domain (“tfvpm1.com”), was registered with bogus details on May 17th, 2023.
If we look at the support section of TFVPM’s website, we find it runs on Meiqia software.
Meiqia is a Chinese software company based out of Beijing. This suggests whoever is running TFVPM has ties to China.
Also supporting this is TFVPM’s website domain being registered through Alibaba (Singapore).
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]
Debt Box’s owners are hiding/selling frozen assets
As per a motion seeking a contempt order and sanctions, Debt Box’s owners appear to be hiding and attempting to sell frozen assets.
Debt Box’s owners are also allegedly not cooperating with a court-appointed Temporary Receiver.
As noted in Temporary Receiver’s filing, these are direct violations of a previously granted Temporary Restraining Order. [Continue reading…]
Apex376 Partners LLC added to SEC’s PAUSE list
Apex376 Partners, as Apex 376 Partners LLC, has been added to the SEC’s PAUSE list. [Continue reading…]
LKminers Review: Crypto mining ruse Ponzi scheme
LKminers fails to provide ownership or executive information on its website.
LKminers’ website domain (‘lkminers.io”), was privately registered on August 18th, 2023.
Over on YouTube LKminers has one video on its channel. It’s stock footage with a voiceover.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]
Forge Holdings Review: Logistics & rentals ruse Ponzi
Forge Holdings fails to provide ownership or executive information on its website.
Forge Holdings’ website domain (“forgeholdings.org”), was registered with what appears to be bogus details on July 1st, 2023 (fake name, unrelated address).
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]
